South Africa is set to assume leadership of the G20 on Sunday, marking the first time an African nation has taken the presidency of the Group of 20 nations. Johannesburg will guide the organization until the end of 2025, when the United States is scheduled to take over.
The G20, a forum of the world’s major economies, aims to address pressing issues such as inclusive growth and climate change. However, its efforts are challenged by ongoing trade disputes and geopolitical tensions.
In November, G20 leaders convened to discuss global priorities, resulting in a joint statement that addressed key topics. These included calls for a global pact to combat hunger, increased aid for Gaza, and an end to the war in Ukraine. While the document reflected broad consensus, it lacked detailed plans and did not achieve complete agreement among all members.
The statement also proposed future measures such as a global billionaire tax and reforms to expand the U.N. Security Council beyond its current five permanent members.
